Prohibiting counties from double-taxing rental properties

HB 5532 prohibits West Virginia counties and municipalities from imposing additional property taxes on residential rental properties beyond the rate applied to owner-occupied homes. It directly affects rental property owners and tenants by preventing local governments from charging higher taxes on rentals due to zoning classifications. The bill requires all county/municipal property taxes on rental properties to match those for owner-occupied homes and bans extra taxes based on zoning. This aims to reduce costs for tenants by preventing "double-taxing" that could raise rents, without altering sales or service taxes for businesses. The bill is currently in the House Finance Committee after introduction on February 16, 2026.